10052023_073954.pdf
981.3 KB
โคโ๐ฅ2๐2๐2๐1๐1
Important Judgments on Section 125 CrPC.PDF
2 MB
๐ฏ5๐1๐1๐1
2024_Round_Up_Constitution_Bench_Decisions_Of_Supreme_Court_1.pdf
452.4 KB
๐2๐1๐1๐1
Code_of_Civil_Procedure_CPC_Important_Supreme_Court_Judgments_In.pdf
268.2 KB
๐4โคโ๐ฅ2๐1๐1
70 Important Judgments Of Delhi High Court In 2024 [Part I].pdf
903.7 KB
๐3๐คฉ2๐ฅ1๐1
What does the Rs 12 lakh I-T rebate mean? What will you pay if you earn above that? ๐
#explained_economics #express_explained
#explained_economics #express_explained
Express Explained
New Income Tax Slabs Explained: What does the Rs 12 lakh I-T rebate mean? What will you pay if you earn above that?
Income Tax Budget 2025: The FM has provided significant savings for even those earning above Rs 15 lakh by way of sharp cut in tax rates for incomes falling between Rs 15 lakh and Rs 24 lakh
โค3โก2๐คฉ1๐1๐ซก1
๐๐ผ๐พ๐ธ๐ โ๐โโ๐ผโ๐ ๐ธ๐ฝ๐ฝ๐ธ๐โ๐ ๐น๐ช- โ๐๐ฅ๐ฆ๐ฃ๐๐ ๐๐ฆ๐ค๐ฅ๐๐๐ โข
What does the Rs 12 lakh I-T rebate mean? What will you pay if you earn above that? ๐ #explained_economics #express_explained
๐ฐ๐จโโ๏ธ
1. Every Fiscal Year (Finance Act 2025) a temporary statute comes into enforcement from 1st April to 31st March. (read Article 112 CoI as well for annual financial statement)
2. The Income Tax Act, 1961 (We will have new simplified act this year because of lot of changes over a period of time)
a. Section 87A deals with Rebate of income-tax in case of certain individuals in 2024 it was 7 hundred thousand (7 lakh) Rupees.
๐ฏ Changes as per 2025
for the words โseven hundred thousand rupeesโ, the words โtwelve hundred thousand
rupeesโ shall be substituted;
(II) for the words โtwenty-five thousand rupeesโ, the words โsixty thousand rupeesโ shall be substituted;
Eg. If your income is 12 lakh your tax will be 60K (0-4 = nill + 4 to 8 = 20k + 8-12 = 40k) now applying this 60k rebate under 12 lakh it is 60k tax - 60k rebate = 0 tax.
{so 87A says rebate of 100% income tax or 60k whichever is less} this is fone to make the calculations more conveniently for other slabs.
2. Section 115BAC (added by 2020 finance act) mentions that table of income slabs which is now amended as follows.
๐Upto 4 = No tax
๐4 to 8 = 5%
๐8 to 12 = 10%
๐12 to 16 = 15%
๐16 to 20 = 20%
๐20 to 24 = 25%
๐24 Above= 30%
{income in lakhs per annum}
This 87A rebate is for Normal Income and not for Capital gains (profit earned through selling shares, stocks etc)
Note: This 12 Lakh rebate is only for new tax regime (S. 115BAC) and not for old tax regime.
{In Summary Old tax regime had more deductions more tax% and new has less deductions and less tax%}
@CurrentLegalGK
Let me Explain 12 Lakh No Tax Legally1. Every Fiscal Year (Finance Act 2025) a temporary statute comes into enforcement from 1st April to 31st March. (read Article 112 CoI as well for annual financial statement)
2. The Income Tax Act, 1961 (We will have new simplified act this year because of lot of changes over a period of time)
a. Section 87A deals with Rebate of income-tax in case of certain individuals in 2024 it was 7 hundred thousand (7 lakh) Rupees.
๐ฏ Changes as per 2025
for the words โseven hundred thousand rupeesโ, the words โtwelve hundred thousand
rupeesโ shall be substituted;
(II) for the words โtwenty-five thousand rupeesโ, the words โsixty thousand rupeesโ shall be substituted;
Eg. If your income is 12 lakh your tax will be 60K (0-4 = nill + 4 to 8 = 20k + 8-12 = 40k) now applying this 60k rebate under 12 lakh it is 60k tax - 60k rebate = 0 tax.
{so 87A says rebate of 100% income tax or 60k whichever is less} this is fone to make the calculations more conveniently for other slabs.
2. Section 115BAC (added by 2020 finance act) mentions that table of income slabs which is now amended as follows.
๐Upto 4 = No tax
๐4 to 8 = 5%
๐8 to 12 = 10%
๐12 to 16 = 15%
๐16 to 20 = 20%
๐20 to 24 = 25%
๐24 Above= 30%
{income in lakhs per annum}
This 87A rebate is for Normal Income and not for Capital gains (profit earned through selling shares, stocks etc)
Note: This 12 Lakh rebate is only for new tax regime (S. 115BAC) and not for old tax regime.
{In Summary Old tax regime had more deductions more tax% and new has less deductions and less tax%}
@CurrentLegalGK
๐12๐2๐ญ2๐ฅ1๐1๐ฏ1๐1
#Question@CurrentLegalGK
โSubject Constitution
A subject which is currently in the List 2 of schedule VII of CoI was enacted before commencent of constitution and had the extent of applicability throughout the India is still applicable in India after commencement of constitution.
1. Name any law as discussed above
2. How it is applicable throughout India even though a matter of state list.
Ab bata rahe ho to 372 ko akele mat batao 'and' ache se detail me 372 batao
โSubject Constitution
A subject which is currently in the List 2 of schedule VII of CoI was enacted before commencent of constitution and had the extent of applicability throughout the India is still applicable in India after commencement of constitution.
1. Name any law as discussed above
2. How it is applicable throughout India even though a matter of state list.
๐ฅ5๐1๐1
#Essay@CurrentLegalGK
โSocial
โ Legal
word limit 500
โSocial
"AI Race and India's Standing"
โ Legal
"Growth of Artificial Intelligence and its implications on Human Rights"
word limit 500
๐ฅ3๐คฉ2๐1
๐๐ผ๐พ๐ธ๐ โ๐โโ๐ผโ๐ ๐ธ๐ฝ๐ฝ๐ธ๐โ๐ ๐น๐ช- โ๐๐ฅ๐ฆ๐ฃ๐๐ ๐๐ฆ๐ค๐ฅ๐๐๐ โข
#Essay@CurrentLegalGK โSocial "AI Race and India's Standing" โ Legal "Growth of Artificial Intelligence and its implications on Human Rights" word limit 500
Well It is not necessary to write every topic shared here.
We are not sharing only one topic in a week because we don't want to leave you with crunch of topics or leave any important current topic.
โ๏ธ P.S. Sunday is Best Day for all these stuffs.
What's necessary is to write 1 Essay in a week, it can be on any topic.
We are not sharing only one topic in a week because we don't want to leave you with crunch of topics or leave any important current topic.
โ๏ธ P.S. Sunday is Best Day for all these stuffs.
๐ฏ5โค4๐1๐1๐1๐ญ1๐1
World Wetlands Day: In Punjab, falling number of migratory birds and other threats ๐
#everyday_explainers #express_explained #ramsar_convention #wetlands
#everyday_explainers #express_explained #ramsar_convention #wetlands
Express Explained
World Wetlands Day: In Punjab, falling number of migratory birds and other threats
Why do wetlands matter from an ecological perspective? What are the threats they face today? We explain.
๐2๐1
๐๐ผ๐พ๐ธ๐ โ๐โโ๐ผโ๐ ๐ธ๐ฝ๐ฝ๐ธ๐โ๐ ๐น๐ช- โ๐๐ฅ๐ฆ๐ฃ๐๐ ๐๐ฆ๐ค๐ฅ๐๐๐ โข
World Wetlands Day: In Punjab, falling number of migratory birds and other threats ๐ #everyday_explainers #express_explained #ramsar_convention #wetlands
2nd Feb Ramsar Convention Day
โคโ๐ฅ1โ1๐1
DHJS Pre 2025.pdf
11.3 MB
DHJS Pre 2025.pdf
Delhi Higher Judicial Service prelims 2025 - DJS
Answer key: https://t.me/CurrentLegalGK/4932
@CurrentLegalGK
Delhi Higher Judicial Service prelims 2025 - DJS
New criminal laws ke questions section based aye hain ๐
Answer key: https://t.me/CurrentLegalGK/4932
@CurrentLegalGK
โค2๐1๐ฅ1๐1๐1
Saraswati Palaeochannels.pdf
647.9 KB
๐๏ธ๐๐
๐ Source: Bhuvan Maps ISRO
๐ Saraswati Pooja also known as Basant Panchami, Today is a sign of knowledge and start of spring season.
๐๐ฎ๐ณ๐ชท India had too Much rich heritage, the festivals are aligned to the whether.
@CurrentLegalGK
Evidences of Lost Gigantic Saraswati River ๐ Source: Bhuvan Maps ISRO
๐ Saraswati Pooja also known as Basant Panchami, Today is a sign of knowledge and start of spring season.
๐๐ฎ๐ณ๐ชท India had too Much rich heritage, the festivals are aligned to the whether.
@CurrentLegalGK
๐4๐3โคโ๐ฅ2๐2โ1๐1
๐๐ผ๐พ๐ธ๐ โ๐โโ๐ผโ๐ ๐ธ๐ฝ๐ฝ๐ธ๐โ๐ ๐น๐ช- โ๐๐ฅ๐ฆ๐ฃ๐๐ ๐๐ฆ๐ค๐ฅ๐๐๐ โข
DECEMBER 2024 LAW UGC NET PAPER (1).pdf
Question directly from our Posts.
๐
https://t.me/CurrentLegalGK/4781
Search Dynamic Injunction for details.
๐
https://t.me/CurrentLegalGK/4781
Search Dynamic Injunction for details.
๐6๐2๐1๐1
๐2๐1๐ฏ1๐1
S.156(3) CrPC v S.175(3) BNSS | BNSS Mandates Magistrate To Hear Police Officer On Refusal To Register FIR, Ensures Reasoned Order : Supreme Court
https://www.livelaw.in/supreme-court/s1563-crpc-v-s1753-bnss-bnss-mandates-magistrate-to-hear-police-officer-on-refusal-to-register-fir-ensures-reasoned-order-supreme-court-282727
https://www.livelaw.in/supreme-court/s1563-crpc-v-s1753-bnss-bnss-mandates-magistrate-to-hear-police-officer-on-refusal-to-register-fir-ensures-reasoned-order-supreme-court-282727
www.livelaw.in
S.156(3) CrPC v S.175(3) BNSS | BNSS Mandates Magistrate To Hear Police Officer On Refusal To Register FIR, Ensures Reasoned Orderโฆ
The Court noted that Section 175(3) ensured that the Magistrate passes a more reasoned order with judicial application of mind.
๐6๐2
Dying declaration of death penalty convict.pdf
706.8 KB
๐2๐2๐1๐1
S. 74 Contract Act | Forfeiture Of Earnest Money Permissible If It's Not Excessive Amounting To Penalty : Supreme Court
https://www.livelaw.in/supreme-court/s74-contract-act-forfeiture-of-20-sale-price-excessive-supreme-court-rejects-builders-plea-to-forfeit-earnest-money-on-flat-booking-cancellation-282859
https://www.livelaw.in/supreme-court/s74-contract-act-forfeiture-of-20-sale-price-excessive-supreme-court-rejects-builders-plea-to-forfeit-earnest-money-on-flat-booking-cancellation-282859
www.livelaw.in
S. 74 Contract Act | Forfeiture Of Earnest Money Permissible If It's Not Excessive Amounting To Penalty : Supreme Court
The Supreme Court today (Feb. 3) clarified that forfeiting a reasonable earnest money deposit in a contract does not constitute a penalty under Section 74 of the Contract Act, 1872. โIt can be...
๐4โ1โคโ๐ฅ1๐1๐1
A Momentous Verdict On Illegality Of Arrest And Bail
https://www.livelaw.in/top-stories/supreme-court-judgment-pmla-illegal-arrest-article-22-constitution-violation-282853
https://www.livelaw.in/top-stories/supreme-court-judgment-pmla-illegal-arrest-article-22-constitution-violation-282853
www.livelaw.in
A Momentous Verdict On Illegality Of Arrest And Bail
Those who feel called upon to deprive other persons of their personal liberty in the discharge of what they conceive to be their duty, must strictly and scrupulously observe the forms and rules of...
๐1๐1